2327 FAIR VIEW Drive
About This Property
With an open floor plan, this home offers a seamless flow between rooms, perfect for both daily living and entertaining. The home's curb appeal is truly wonderful, creating a warm and inviting atmosphere for residents and guests alike.
Located in a beautiful neighborhood, you'll be surrounded by the charm and allure of the area. The carpet has been recently replaced, ensuring a fresh and comfortable living space. The community is known for its great, friendly neighbors, providing a welcoming and inclusive environment.
This gated community offers an array of amenities, including a pool, tennis courts, and a restaurant, allowing for leisure and recreation without leaving the comfort of your neighborhood. The Homeowners Association (HOA) takes care of all yard maintenance, including mowing and shrub trimming, ensuring a well-maintained exterior. Additionally, the HOA covers the cost of irrigation water, making it hassle-free for residents.
The roofs in this community are replaced approximately every 18 to 20 years, with the most recent replacement occurring last year, ensuring the longevity and protection of your investment. The exterior painting is upgraded every 10 years, with the next scheduled painting set for next year, all expertly managed by the HOA.
Don't miss the opportunity to make this meticulously maintained and amenity-rich home your own. With its prime location, desirable features, and a welcoming community, this property offers a truly exceptional lifestyle.
The info provided herein is subject to errors, omissions or changes without notice, and Seller and Broker expressly disclaim any warranty or representation regarding the Property Information. You must independently verify the Property Information prior to purchasing the Property.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017